Investment
Investment
Investing in your future is important! See the chart below of approximate costs to open a Mr. Hero.
Franchise Fee For One Store
(Multi-unit development agreement discounts available)
$20,000
Grand Opening Fee
$5,000
Leasehold Improvements
Permanent improvements such as electrical, plumbing, air-conditioning, walls, and other decor fixtures. Counters, flooring, and paint
$128,000 – 280,000
Equipment
- Includes back area and kitchen area work equipment
- Small wares
- Dining room furniture and lighting
$99,000 – 133,000
Sign Package
In-store digital menuboard, all interior & exterior signage
$11,000 – 30,000
(With Drive-Thru)
POS System
$5,000 – 10,000
Working Capital & Non-Recurring Expenses
Cost of architectural fees, business permits, travel, utility deposits, insurance, legal, initial accounting fees, payroll, opening inventory & training
$35,000 – 69,000
Additional Start-Up Funds (First 30 – 60 days of business)
$10,000 – 15,000
The chart above illustrates estimated costs of opening a Mr. Hero restaurant. These ranges are to be used as estimates only, and are based upon numerous factors that include, but are not limited to: the size of the restaurant; labor and material costs; geographic variables; financing and architectural fees. Franchisees expanding Mr. Hero into undeveloped areas where brand awareness hasn’t been established should expect to incur higher working capital and marketing fund requirements.
This advertisement is not an offering and does not constitute a contract. An offering may be made only through our Franchise Disclosure Document. If you would like to receive a copy of our Franchise Disclosure Document, please contact RDC at 440-625-3080.
